Sax Wealth Advisors LLC Acquires 6,198 Shares of Intel Corporation $INTC

Sax Wealth Advisors LLC raised its holdings in Intel Corporation (NASDAQ:INTC) by 41.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,328 shares of the chip maker’s stock after acquiring an additional 6,198 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Intel were worth $2,978,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. State Street Corp grew its stake in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares in the last quarter. Capital World Investors increased its position in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares during the period. Geode Capital Management LLC raised its stake in shares of Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after acquiring an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen lowered Intel from a “buy” rating to a “hold” rating in a research report on Saturday. Roth Capital upped their price target on shares of Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $110.00 target price on shares of Intel in a research report on Monday, July 27th. Truist Financial lifted their price target on Intel from $81.00 to $108.00 and gave the company a “hold” rating in a report on Friday, July 24th. Finally, Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $107.93.

Intel Price Performance

Intel stock opened at $101.65 on Monday. Intel Corporation has a 1-year low of $19.61 and a 1-year high of $142.35. The business has a fifty day moving average price of $111.01 and a 200-day moving average price of $81.75. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market capitalization of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current fiscal year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.